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Please I need a correct answer. Jane Doe: Source of funds, inherited assets (100K) and Jane's 401K(50K) Risk Tolerance: Moderate, moderate/conservative risk Return Requirement: above
Please I need a correct answer.
Jane Doe: Source of funds, inherited assets (100K) and Jane's 401K(50K) Risk Tolerance: Moderate, moderate/conservative risk Return Requirement: above the rate of inflation to ensure savings maintain purchasing power over the long-run Time Horizon: Jane is 35 years old, with a planned retirement at 62 years old. Taxes: The 401k is tax-deferred, while Jane has a high salary and would prefer to be mindful of taxes in her investment program, tax avoidance isn't a priority goal. Liquidity: Jane has no current liquidity needs, she has ample savings. Special Considerations- Between Jane and her employer, 15K per year is added to the 401 k Only mutual funds are available in the 401k. Given the above Investment Policy, provide a general asset allocation guide for Jane both in her 401K and her personal assets. Keep in mind her stated goal, age and risk toleranceStep by Step Solution
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